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Dec 29, 2012
12/12
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FBC
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adam: let me bring dan back in here. dan, i want to ask you, raising taxes only raises $80 billion at best in a budget almost a trillion dollars over budget. so what do you to fix that problem? >> all we have to do to balance the budget in 10 years limit the growth of government spending so that the budget climbs by an average 2.5% a year. in my mind, this isn't about the short term because whatever speed bump we go over we're going to go over. in the long run that is what i'm worried about, how big is government? how much of our economy's resources will be diverted and consumed by government? because i don't want to become greece or france or one of these stagnant slow growth welfare states. think evidence is very clear that fiscal policy does matter for an economy's performance. doesn't mean we have a recession if taxes go up but it does mean that government will be bigger and our growth rate in the long run maybe instead of 2.7, it is 2.6. that doesn't sound like much but because of compounding it adds up. adam: dan,
adam: let me bring dan back in here. dan, i want to ask you, raising taxes only raises $80 billion at best in a budget almost a trillion dollars over budget. so what do you to fix that problem? >> all we have to do to balance the budget in 10 years limit the growth of government spending so that the budget climbs by an average 2.5% a year. in my mind, this isn't about the short term because whatever speed bump we go over we're going to go over. in the long run that is what i'm worried...
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Dec 29, 2012
12/12
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KGO
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. >> and i'm dan ashley. tonight you can see something that hasn't happened 30 years. not this early in the season, anyway. marin county reservoirs overflowing with rain water. cornell bernard reports now from the bon tempe reservoir, one of several spilling over tonight. cornell? >> you know, dan, no one can remember this much water in december, behind me, bon, tempe dam is overflowing tonight. and every reservoir in marin is 100% full. water is shooting down this spillway. the lake is full, overflowing. so is bon tempe dam. rushing water cascading over the top into alpine lake, below. >> it's just so full. last time was probably last year at this point this, is not water but way out. >> it's beautiful especially if you're in water business. >> all reservoir
. >> and i'm dan ashley. tonight you can see something that hasn't happened 30 years. not this early in the season, anyway. marin county reservoirs overflowing with rain water. cornell bernard reports now from the bon tempe reservoir, one of several spilling over tonight. cornell? >> you know, dan, no one can remember this much water in december, behind me, bon, tempe dam is overflowing tonight. and every reservoir in marin is 100% full. water is shooting down this spillway. the...
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Dec 29, 2012
12/12
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CNBC
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dan, good to have you here. walk me through this math. you're saying the average american is going to put 54% less into savings this year because if we go over the fiscal cliff? explain. >> yeah. let's go back, michelle because the amount of taxation on an average household is effort mated at $2600, and right now the average savings -- bank savings per household is $5,000. so, yes, this would reduce the amount available for savings by more than half. >> when taxes have gone down, have you seen a subsequent rise in savings and what people put away? >> absolutely. this is the analysis that they did, they compared the two before the tax cuts and after the tax cuts and we saw two things, overall deposits in banks doubled during the tax cut period since 2001 from $4 trillion to $8 trillion. so there was a doubling of the amount of money that consumers deposited in banks and on the levels, as i mentioned before increased from about $2500 a year average to about $5,000. >> it's not that savings will decline. it just will not grow as fast as it c
dan, good to have you here. walk me through this math. you're saying the average american is going to put 54% less into savings this year because if we go over the fiscal cliff? explain. >> yeah. let's go back, michelle because the amount of taxation on an average household is effort mated at $2600, and right now the average savings -- bank savings per household is $5,000. so, yes, this would reduce the amount available for savings by more than half. >> when taxes have gone down,...
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Dec 29, 2012
12/12
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he broke that pledge, read my lips, no new taxes, that was a real turning point for republic i had dans thought he lost that election because he went back on that pledge and raise taxes. will you get anyone in the house to raise taxes at all? >> you make a great point that republicans have kind of their party identity has evolved that they are very consistent on this tax issue and have been since that episode in the '90s, but what you are missing i think is that conservatives are not -- they haven't arrived at a consensus position that this actually would be raising taxes. some of them do, some will vote against this, grover norquist says boehner's plan b wouldn't raise taxes. under current law, the rates are set to go up. >> we'll talk to you again, soon, i'm sure, even if it's not that soon it will be in february or march when we have to revisit this all over again. gentlemen, thank you so much. >> take care. >>> a new here no our viewers, you don't want to miss "meet the press," david gregory sitting down with president obama. check local listings for "meet the press" tomorrow mornin
he broke that pledge, read my lips, no new taxes, that was a real turning point for republic i had dans thought he lost that election because he went back on that pledge and raise taxes. will you get anyone in the house to raise taxes at all? >> you make a great point that republicans have kind of their party identity has evolved that they are very consistent on this tax issue and have been since that episode in the '90s, but what you are missing i think is that conservatives are not --...
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Dec 29, 2012
12/12
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CNNW
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>> yeah, we are working together with dan's family. we're all working closely. this is a nationwide response. we're looking across the country for dan and the kids to bring them home safely. and your mom and your uncles and your family out west are fully participating. >> this is a facebook page. what is it? >> this is a facebook page we started yesterday. >> what is the address? >> help find ben and henry cleary. and there is over 6,000 hits today. this is where we're posting all the updates. we're on it 24 hours a day, posting updates, new pictures and clues about where they might be. and there is also a twitter. and i believe -- is that up? >> do you know the address? i'll make sure, i put it out on twitter, as well, and i'll put it on facebook, as well, all right? >> and i'll give the twitter address, in just a second. >> so dan, it is palpable, everyone here in the studio can feel it. this mother is in pain. bring the kids home. just do the right thing, man. good luck. >> thank you very much. >> god bless you, all right, and come back and we'll talk about t
>> yeah, we are working together with dan's family. we're all working closely. this is a nationwide response. we're looking across the country for dan and the kids to bring them home safely. and your mom and your uncles and your family out west are fully participating. >> this is a facebook page. what is it? >> this is a facebook page we started yesterday. >> what is the address? >> help find ben and henry cleary. and there is over 6,000 hits today. this is where...
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Dec 29, 2012
12/12
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frankly, i wish we had a few more dealmakers around and people like dan rostenkowsky and the late jack brooks when he was chairman of the judiciary committee. we need a few more people like that who know how to get thins done. unfortunately, we're in short supply right now. >> david, is john boehner's role -- has his role been diminished? >> no. i mean, look, what you have is a situation, i think what's clearly occurred here has been the house passed bills in terms of being able to avert this fiscal cliff, the senate has had difficulty in managing those bills and as a result of that harry reid ended up passing a completely different bill rather than taking up what could have been to get us into the traditional process and then they get to the congress where they get to negotiate and for some reason i don't understand why reid didn't pick up the two bills and simply pass them and amend them the way we wanted so we can get the congress. i'm sort of befuddled by that. >> that's a good point. jonathan allen raised an interesting point and it speaks to what you just said as well, david. thi
frankly, i wish we had a few more dealmakers around and people like dan rostenkowsky and the late jack brooks when he was chairman of the judiciary committee. we need a few more people like that who know how to get thins done. unfortunately, we're in short supply right now. >> david, is john boehner's role -- has his role been diminished? >> no. i mean, look, what you have is a situation, i think what's clearly occurred here has been the house passed bills in terms of being able to...
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Dec 29, 2012
12/12
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KRON
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dan kerman, kron 4 news. years eve? d-u-i offenders would have a new state bill would mean that repeat dui offenders half to have breathalyzers installed in their cars. if they test positive - the drivers are giving the idea mixed reviews. >> i think that it is a good idea, there are too many people getting killed. i think that it could give them something to think about art get a designated driver, catch a cab or what to think about -- getting a designated driver. >> catherine: under current law - d-u-i drivers have the option of installing a breath- alyzer in their cars. the new law would make that mandatory for drivers with two or more convictions. >> this monday is new year's eve. there are some party options. there are just a few days whit people celebrating and watching the ball dropped. as you can imagine the summit venues are already preparing. >> new year's eve of the symphony is a lot of parties in one. with a great concert, at parties in the lobby, with a different plans and a party on stage and a hallway. da
dan kerman, kron 4 news. years eve? d-u-i offenders would have a new state bill would mean that repeat dui offenders half to have breathalyzers installed in their cars. if they test positive - the drivers are giving the idea mixed reviews. >> i think that it is a good idea, there are too many people getting killed. i think that it could give them something to think about art get a designated driver, catch a cab or what to think about -- getting a designated driver. >> catherine:...
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Dec 29, 2012
12/12
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CSPAN
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host: dan friedman? guest: the president proposed an aid package that is pretty much the same as the one the senate passed, with some amendments. i think the president and congress are the ones spending the money. congress appropriates funds. we can criticize or praise them together for this package. we will see if the house does pick it up in the next few days. host: next up is mary lou on the line for independents. caller: i watched the special program they had with the rock stars about two weeks ago. i did give money for it. i have never heard how much they made. they must have made a lot of money. it was on from 8:00 until midnight or something. i have not heard a word about it since then. they should have made a few million dollars anyway. do you know what happened to that? that is my question. host: when you are watching a concert, who was your favorite art? caller: bruce springsteen. mick jagger is certainly a character. host: do efforts like that concert, does it show there is an increased need f
host: dan friedman? guest: the president proposed an aid package that is pretty much the same as the one the senate passed, with some amendments. i think the president and congress are the ones spending the money. congress appropriates funds. we can criticize or praise them together for this package. we will see if the house does pick it up in the next few days. host: next up is mary lou on the line for independents. caller: i watched the special program they had with the rock stars about two...
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Dec 29, 2012
12/12
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CNNW
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if dan akroyd can't help them, nobody can help them. they've got to pay the landlord or break the lease and let the landlord relet it to someone else. that invisible hand was the hand trying to regulate market conditions. got lost in new jersey. >> the only haunt is the judgment. >> do you think someone's going to rework the fine print and say also this includes ghosts, paranormal activity, or anything that goes bump in the night? no they'll do it on your lease, marty. all right. let's move on to another one, which is public nudity, which is always a favorite subject for just about anybody. of all places in san francisco because we look at san francisco i think as the home of the whole flower child movement. and the board of supervisors there voted to ban nudity. a city supervisor introduced the ordinance because he said residents and business owners were complaining about people walking around naked. and under the new policy you have to keep your clothes on in restaurants, public transportation, streets and sidewalks. so this seems pre
if dan akroyd can't help them, nobody can help them. they've got to pay the landlord or break the lease and let the landlord relet it to someone else. that invisible hand was the hand trying to regulate market conditions. got lost in new jersey. >> the only haunt is the judgment. >> do you think someone's going to rework the fine print and say also this includes ghosts, paranormal activity, or anything that goes bump in the night? no they'll do it on your lease, marty. all right....
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Dec 29, 2012
12/12
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CSPAN
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we will be joined by dan friedman. "washington journal" alive at 7:00 a.m. eastern on c-span. >> as president obama begins his second term in office, what is most important issue he should consider for 2013? >> make a short video about your message. >> it is the student can video competition with your chance to win the grand prize of $5,000. 50,000 total prices. that deadline is january 8th. for more information, go to studentcam.org. >> retired general norman schwarzkopf, commander of forces in desert shield and desert storm died. he commanded a u.s.-led coalition which drove forces under saddam hussein out of kuwait. george is to be bush said that the general epitomized the to become a service, a country creed that has defended the country's freedom and the defense secretary described the four-star army general as one of the great military giants of the 20 century. next, an interview with the retired general on his autobiography. >> general norman schwarzkopf author of "it doesn't take a hero." "almost every soldier in -- almost every general in desert shi
we will be joined by dan friedman. "washington journal" alive at 7:00 a.m. eastern on c-span. >> as president obama begins his second term in office, what is most important issue he should consider for 2013? >> make a short video about your message. >> it is the student can video competition with your chance to win the grand prize of $5,000. 50,000 total prices. that deadline is january 8th. for more information, go to studentcam.org. >> retired general norman...
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Dec 29, 2012
12/12
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CSPAN
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host: dan friedman? guest: the president proposed an aid package that is pretty much the same as the one the senate passed, with some amendments. i think the president and congress are the ones spending the money. funds.s appropriate ss can criticize or praise them together for this package. we will see if the house does pick it up in the next few days. host: next up is mary lou on the line for independents. caller: i watched the special program they had with the rock stars about two weeks ago. i did give money for it. i have never heard how much they made. they must have made a lot of money. it was on from 8:00 until midnight or something. i have not heard a word about it since then. they should have made a few million dollars anyway. do you know what happened to that? that is my question. host: when you are watching a concert, who was your favorite art? caller: bruce springsteen. mick jagger is certainly a character. host: do efforts like that concert, does that increase the need -- does it show there
host: dan friedman? guest: the president proposed an aid package that is pretty much the same as the one the senate passed, with some amendments. i think the president and congress are the ones spending the money. funds.s appropriate ss can criticize or praise them together for this package. we will see if the house does pick it up in the next few days. host: next up is mary lou on the line for independents. caller: i watched the special program they had with the rock stars about two weeks ago....
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Dec 29, 2012
12/12
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CSPAN
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we are a dime by dan faymann. live at seven easton on c-span. >> next, an engineer and entrepreneur in the aerospace community, contrasts today's space program to the pioneering days of space -- space exploration days ago and talked about the history of manned space flight. he designed spaceship one that completed the first manned private space flight in 2004. the voyager aircraft in 1986 became the first airplane to fly nonstop around the world without refueling. this is about an hour and a half. >> i am going to talk about meanly two things. there is inspiration. inspiration for our kids so they can be innovative. and i am going to talk a lot about manned space flight. we are on the space coast, i guess, right? we will talk quite a bit about the history of manned space flight. pretty much that. i really welcome your questions when i am done. my first job out of college was a government job. i worked for the air force. flight testing airplanes during the vietnam war. i did that for seven years. it was a wonderful
we are a dime by dan faymann. live at seven easton on c-span. >> next, an engineer and entrepreneur in the aerospace community, contrasts today's space program to the pioneering days of space -- space exploration days ago and talked about the history of manned space flight. he designed spaceship one that completed the first manned private space flight in 2004. the voyager aircraft in 1986 became the first airplane to fly nonstop around the world without refueling. this is about an hour...
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Dec 29, 2012
12/12
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FOXNEWSW
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we're back with dan henninger, mary anastasia o'grady and dan moore. mary explain the slow growth and the markets. >> if respect to the markets, i would say if you look at a chart for, for example, the s&p 500, you go back to april of 2011 to october of 2012. you're basically flat. there's a lot of churning up and down, but in the last months a pickup there and certainly, from the end of -- from the beginning of this year we saw a run on the market, but you don't have a great return if you're a long-term investor. >> paul: right, so, okay, if growth is still slow, okay, why are-- and some people are still investing in companies and the corporate balance sheets earnings have been pretty good, you know, they've cleaned out a lot of the debt from the crisis. could we be poised here for faster growth going forward? >> well, i think one of the things that explains why the corporate sector is doing well is because they basically have access to money at zero interest rates. that's not true for the broader population and not true for a lot of small businesses,
we're back with dan henninger, mary anastasia o'grady and dan moore. mary explain the slow growth and the markets. >> if respect to the markets, i would say if you look at a chart for, for example, the s&p 500, you go back to april of 2011 to october of 2012. you're basically flat. there's a lot of churning up and down, but in the last months a pickup there and certainly, from the end of -- from the beginning of this year we saw a run on the market, but you don't have a great return...
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Dec 29, 2012
12/12
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CSPAN
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dan and i were way back away from them. there was a real between us. they cannot hear what i said to him. i said, tell the s.o.b. i don't trust him. he said they would run both of us out there. his son is a very fine young man, did a wonderful job as vice chairman of this committee. we will miss the young man. how do you lose a guy like jeff cravaack? very knowledgeable, fought for everything that was right. he served with me on -- i believe we served together on the transportation committee. is lynn here yet? she is not here. brad miller of north carolina. i have learned something from him, several things. he goes back to one of the better law practices in north carolina. all my folks from cannon mills, kannapolis. you are done enough to come back. i wish you well. -- young enough to come back. i wish you well. and hansen clarke. he was a great guy. it was an honor to serve on this committee with all of you. no matter what they go to next, there will always be friends and colleagues. miss johnson, i think you again for yielding back. at this time, i w
dan and i were way back away from them. there was a real between us. they cannot hear what i said to him. i said, tell the s.o.b. i don't trust him. he said they would run both of us out there. his son is a very fine young man, did a wonderful job as vice chairman of this committee. we will miss the young man. how do you lose a guy like jeff cravaack? very knowledgeable, fought for everything that was right. he served with me on -- i believe we served together on the transportation committee....